Thom Tillis Is Prepared to Advance Kevin Warsh After U.S. Drops Fed Inquiry

The Senate is set to proceed with Kevin Warsh’s nomination to lead the Federal Reserve, after a pivotal Republican lawmaker, Senator Thom Tillis of North Carolina, said on Sunday that he was prepared to lift his blockade and lend his support toward confirmation.

For weeks, Mr. Tillis refused to advance Mr. Warsh or any other Fed nominee while the Trump administration investigated the current chair, Jerome H. Powell, in an inquiry that many have described as politically motivated.

But Jeanine Pirro, the U.S. attorney for the District of Columbia, said on Friday that the Justice Department would drop the matter, which focused on cost overruns in a renovation of the Fed’s headquarters. Even though Ms. Pirro said that she would “not hesitate” to reopen the criminal investigation, her move to stand aside still proved sufficient for Mr. Tillis, who said on NBC’s “Meet the Press” that he was ready to move forward with a key, first committee vote on Mr. Warsh.

“They have made it very clear that the current investigation is completely and fully ended,” Mr. Tillis said of his conversations with the Justice Department.

Article source: https://www.nytimes.com/2026/04/26/business/economy/tillis-federal-reserve-nomination.html